Flat 58 Papermill House, 363 South Street

    FLAT 58 PAPERMILL HOUSE, 363, SOUTH STREET, ROMFORD, RM1 2FA

    This flat/maisonette leasehold property on South Street last sold in May 2021 for £238,000. Based on price growth in the RM1 district since then, its estimated current value is £219,113 — placing it in the 29th percentile nationally and the 18th percentile within RM1. The property covers 33 m² (355 sq ft), giving an estimated value of £6,640 per m². The EPC rating is C, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    355 sq ft

    33 m²

    Last Sale Price

    £238,000

    May 2021

    Estimated Valuation

    £219,113

    Est. £/sq ft

    £617/sq ft

    £6,640/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formDetached
    Construction age2021
    Habitable roomsNot available
    Main fuelElectricity: electricity, unspecified tariff
    EPC currentC
    EPC potentialC
    Floor area355 sq ft (33 m²)
    EPC dateSept 2021
    WallsAverage thermal transmittance 0.24 W/m
    HeatingRoom heaters, electric

    Transaction History

    11 May 2021

    New build

    £238,000

    Key Metrics

    Estimated valuation£219,113
    Value per sq ft / m²£617/sq ft (£6,640/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    RM1 district percentile18th percentile
    National percentile29th percentile

    District Context — RM1

    RM1 covers Romford and surrounding areas in East London, positioned in the east of the capital. It is a diverse, mixed-tenure neighbourhood with strong demand from families and commuters seeking affordable space within reach of London.

    Average Property Price - RM1

    £442,446

    73

    National percentile

    Average Net Household Income - RM1

    £47,792

    83

    National percentile

    10-Year Annualised Price Growth - RM1

    4.2%

    72

    National percentile

    10-Year Annualised Rent Growth - RM

    4.4%

    80

    National percentile

    View full analysis for RM1

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